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Crypto VC Calls Bitcoin (BTC) Surge to $ 1 Trillion Market Cap – Plus Ripple and XRP, Ethereum, Litecoin, Tron, Cardano



From Bitcoin's market cap to a new retail payment system for XRP, here's a look at some of the stories breaking in the world of crypto.

Bitcoin

Venture capitalist and partner at Placeholder VC, Chris Burniske, says Burniske also highlights the fact that since 2017, crypto assets like Ethereum, XRP and Litecoin are eating into Bitcoin's dominance.

At its height during the last bull run, Bitcoin's market cap hit just over $ 330 billion.

Right now, BTC's market cap is about $ 93 billion. For Bitcoin to reach a $ 1 trillion market cap, the price of each BTC would have to rise to roughly $ 56,000.

Ethereum

The latest ConsenSys sponsored Week in Ethereum blog post is out.

This week's edition covers the latest Ethereum 2.0 and looks at a number of updates on Ethereum-based platforms, including 0x and Dharma.

Ripple and XRP

Ripple-backed XRPL Labs tested its new point-of-sale (PoS) system, XRPayments, at a local meeting in Amersfoort, Netherlands. The mobile app allows merchants to accept payments in crypto, while token holders use the XRP Tip Bot to send funds.

Attendees of the meetup used the technology to buy a beer with XRP, highlighting the platform almost instantly. transaction speeds

Litecoin

Litecoin founder Charlie Lee is talking about the missing piece for mass adoption of crypto.

In a new interview with the Wharton School of the University of Pennsylvania Lee makes the case that practical utility will be the factor that delivers digital currency to the masses:

"… I think in the future you will be using cryptocurrencies in your daily life, and you may not even realize it.

If Bitcoin really does become as ubiquitous as money, it should be easy to use. It will be very different from what we are doing today. Who knows what devices we will be using, but you could be spending Bitcoin buying stuff, and you would not even know it. You may not even call it Bitcoin. It may just be money. "

Tron

The Tron Foundation has released a new app for the Ledger Nano S and the Ledger Blue hardware wallets. This update now supports Tron-based TRC20 tokens.

Cardano

The latest edition of The Cardano Effect podcast is out.

This episode examines the IOHK Summit and features a guest commentary from computer scientist Duncan Coutts. There are also speakers from multiple Cardano centric projects, including blockchain advisor Vasil St. Dabov, who discusses sustainability

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